Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Matrix Looks To Multiple Growth Opportunities And Better Margins

It's not too hard to make money investing in companies that make things, but successful investing in companies that build things has proven quite a bit more challenging. Not only is there rampant competition in engineering & construction (E&C) to keep a lid on prices, but many a contractor has run into trouble with cost overruns. All told, this is a sector where the relative few companies that earn decent (or good) returns on capital are more than offset by those who fall short - in other words, this is a sector where picking the right company/stock matters.

Maybe Matrix Service (NASDAQ:MTRX) is one of those better picks. The company's recent ROICs haven't been super, but nor have...

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